Members of the Honolulu Authority for Rapid Transportation board said Friday they could sign a deal to execute the $1.4 billion rail car contract with Ansaldo Honolulu JV as soon as next week.
The announcement by HART Interim Executive Director Toru Hamayasu came during a joint meeting of the HART board’s finance and project oversight committees. Board members from both committees listened to a nearly three-hour presentation by Ansaldo about its finances, which have been an issue since the City of Honolulu awarded it the core systems contract earlier this year ahead of two other bidders.
“This is very encouraging that the committees requested this meeting,” Hamayasu said.